This first flip was bought all cash but now I see a great opportunity two streets over for roughly the same purchase price.I was wondering should I wait for the first house to sell and buy the second all cash or leverage the second with more investors and financing as to not let the opportunity slip away waiting for the first home to sell.

I found a double down the street for 50k, just needs paint and its net rent is $675, with 12.5kdown, so im probably going to go that route to forgo the 3 month sweat labor.

Hey folks,I have couple questions: I'm new on this and during my initial marketing I found a house (built in 1952, 1196 total sqft, 3b/1b, lot 0.34 acres) in distress (it needs to be rehabbed, new roof, new windows, a couple of foundation problems and right now it is empty), this used to be a house but now the land is ruled as commercial, it is on a busy street in front of a little gas station, and few houses from the same block have started to be used as commercial.My questions are, how do you start analyzing a deal like this, where an old house is sitting on a commercial land?

First off, I have to agree wholeheartedly with @Wesley C. and even though I am NO "DOOMSDAY ECONOMIST" and poke fun at times at the literally THOUSANDS of youtube videos, websites, etc that have been predicting a US and/or world economic doomsday for years, even if its not a complete economic collapse with anarchy in the streets and "every man for himself" event with modern civilization ending suddenly, we still do have some scary numbers in a LOT of categories of our economy that scare me to various extents and another "Lehman event" is not at all a far off possibility.

There is no tax code requirement that a 401k trust have a custodian or 3rd party administrator, but that has always been the dominant paradigm in the Wall Street world of investing where trades are institutionally processed.  

Brady St is a very busy street (3 lane one way) so in general homeowners don't want to live right on it but I don't think renters would mind.

For instance, if you take out a HELOC on a rental property and use the proceeds to buy a motorcycle or a boat or go on vacation, then I don't think you can deduct the interest just because the original HELOC was taken out on a rental property.

(too many to name)  See your servicing contract for more information on fees charged.Custodial fees are not really fees a street level investor should have as a burden.  

Is the box on the property or is it at the street/sidewalk on city-owned property?

She tried to purchase properties in the recent past but to no avail.The townhome, with $487/mo. common area maintenance fee (parking, water and cable tv included here), is located across the street from the recently-concluded PanAmerican Games arena, one block from Centennial College and one block from University of Toronto (Scarborough) and one block from Highway 401 (the main drag).I asked our new bank (I recently opened a corporate account and thinking of moving all my accounts there) to pre-approve a mortgage for our corporation to buy this particular property so we could place an offer.